China E-bike Market Forecast 2024-2032
KEY FINDINGS
The China e-bike market is anticipated to develop with a CAGR of 8.16% during the forecast period of 2024-2032. The country’s market growth is fueled by the significant adoption of electric bikes, driven by the need to navigate heavy traffic, while combating the rising rates of vehicle pollution.
MARKET INSIGHTS
China has proactively pursued safety enhancements and technical advancements for electric bicycles through the introduction of six new standards. These measures signify a comprehensive commitment to fortifying safety protocols and elevating the performance of e-bikes. Among the key initiatives, stricter tampering prevention requirements have been implemented to deter illegal modifications post-factory, ensuring the integrity of the bike’s original design and functionality.
Furthermore, adjustments to performance specifications have been made to align with evolving needs and technological capabilities. This includes raising the maximum speed from 20 kph to 25 kph and increasing the permissible motor power from 240W to 400W. These enhancements not only cater to consumers’ desire for improved efficiency but also reflect advancements in e-bike engineering and design.
Additionally, a focus on durability and usability is evident through mandates such as elevating the maximum weight limit from 40kg to 55kg, requiring pedals with a motive function for enhanced pedaling capabilities, and strengthening fire resistance and waterproofing requirements. These measures underscore China’s commitment to fostering a safer and more reliable environment for e-bike users, promoting both consumer confidence and industry innovation.
COMPETITIVE INSIGHTS
Key firms operating in the market are BionX International Corporation, Accell Group, Hero Cycles Ltd, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Methodology
- 1.3. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 2.3. Scope Of Study
- 2.4. Major Market Findings
- 2.4.1. Rising Urbanization And Expanding City Density Demand Compact Mobility With Lower Environmental Impact
- 2.4.2. Electric Mountain Bikes Gaining Traction Due To Recreational Activities And Athleisure Preferences
- 2.4.3. Increase In Cargo E-bike Adoption For Last-mile Deliveries Reflects Changing Retail/Logistics Priorities
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Supportive Government Policies Promoting Sustainable Transport Options
- 3.1.2. Growing Consumer Inclination Towards Eco-friendly Commuting Solutions
- 3.1.3. Increased Investments In Connected Infrastructure Suitable For E-bikes
- 3.1.4. Rapid Technological Progress Make E-bikes More Advanced And Affordable
- 3.1.5. Rising Fuel Prices Stimulate Demand For Cost-effective Transportation
- 3.2. Key Restraints
- 3.2.1. High Upfront Costs Of Purchasing E-bikes
- 3.2.2. Lack Of Cycling Infrastructure Hampers Adoption
- 3.2.3. Concerns Related To E-bike Safety Features And Liability Requirements
- 3.2.4. Limited Consumer Awareness Restricts Mainstream Popularity
- 4. Key Analytics
- 4.1. Key Market Trends
- 4.1.1. Customization For Diverse Riding Styles And Needs Like Power, Speed, And Range
- 4.1.2. Increased Usage Of Lightweight Yet Durable Frames Such As Carbon Fiber
- 4.1.3. Rising Emphasis On Swappable Batteries For Longer Distances
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Buyers Power
- 4.2.2. Suppliers Power
- 4.2.3. Substitution
- 4.2.4. New Entrants
- 4.2.5. Industry Rivalry
- 4.3. Growth Prospect Mapping
- 4.3.1. Growth Prospect Mapping For China
- 4.4. Market Maturity Analysis
- 4.5. Market Concentration Analysis
- 4.6. Value Chain Analysis
- 4.6.1. Component Sourcing And Integration
- 4.6.2. Distribution And Retail Channels
- 4.6.3. Technological Innovation And R&D
- 4.6.4. After-sales Services And Customer Support
- 4.7. Key Buying Criteria
- 4.7.1. Battery Performance And Range
- 4.7.2. Technology And Connectivity Features
- 4.7.3. Design And Build Quality
- 4.7.4. Regulatory Compliance And Standards
- 4.8. Regulatory Framework
- 5. Market By Design
- 5.1. Foldable
- 5.1.1. Market Forecast Figure
- 5.1.2. Segment Analysis
- 5.2. Unfoldable
- 5.2.1. Market Forecast Figure
- 5.2.2. Segment Analysis
- 6. Market By Type
- 6.1. Pedelecs
- 6.1.1. Market Forecast Figure
- 6.1.2. Segment Analysis
- 6.2. Throttle On Demand
- 6.2.1. Market Forecast Figure
- 6.2.2. Segment Analysis
- 6.3. Scooters
- 6.3.1. Market Forecast Figure
- 6.3.2. Segment Analysis
- 6.4. Motorcycles
- 6.4.1. Market Forecast Figure
- 6.4.2. Segment Analysis
- 7. Market By Drive Mechanism
- 7.1. Hub Motor
- 7.1.1. Market Forecast Figure
- 7.1.2. Segment Analysis
- 7.2. Mid-drive
- 7.2.1. Market Forecast Figure
- 7.2.2. Segment Analysis
- 8. Market By Battery
- 8.1. Lithium-ion
- 8.1.1. Market Forecast Figure
- 8.1.2. Segment Analysis
- 8.2. Lead Acid
- 8.2.1. Market Forecast Figure
- 8.2.2. Segment Analysis
- 9. Market By Power
- 9.1. Less Than & Equal To 250 W
- 9.1.1. Market Forecast Figure
- 9.1.2. Segment Analysis
- 9.2. Above 250 W
- 9.2.1. Market Forecast Figure
- 9.2.2. Segment Analysis
- 10. Competitive Landscape
- 10.1. Key Strategic Developments
- 10.1.1. Mergers & Acquisitions
- 10.1.2. Product Launches & Developments
- 10.1.3. Partnerships & Agreements
- 10.1.4. Business Expansions & Divestitures
- 10.2. Company Profiles
- 10.2.1. Accell Group
- 10.2.1.1. Company Overview
- 10.2.1.2. Product List
- 10.2.1.3. Strengths & Challenges
- 10.2.2. Bionx International Corporation
- 10.2.2.1. Company Overview
- 10.2.2.2. Product List
- 10.2.2.3. Strengths & Challenges
- 10.2.3. Robert Bosch Gmbh
- 10.2.3.1. Company Overview
- 10.2.3.2. Product List
- 10.2.3.3. Strengths & Challenges
- 10.2.4. Hero Cycles Ltd
- 10.2.4.1. Company Overview
- 10.2.4.2. Product List
- 10.2.4.3. Strengths & Challenges
- 10.2.5. Yamaha Motor Group
- 10.2.5.1. Company Overview
- 10.2.5.2. Product List
- 10.2.5.3. Strengths & Challenges
- 10.2.6. Derby Cycle Holding Gmbh
- 10.2.6.1. Company Overview
- 10.2.6.2. Product List
- 10.2.6.3. Strengths & Challenges
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